At the beginning of 2019, XYX Corporation acquired an item of machinery at a cost of $100 000. At the time it was expected that the machinery would have a useful life of 10 years and a residual value of $10 000. Until the end of the 2021 financial year, the depreciation expense was recognised on a straight-line basis. At the beginning of the 2022 financial year, the remaining useful life was reassessed as being 11 years and the residual value was reassessed at $14 000.

REQUIRED Calculate the depreciation expense for the 2020, 2021 and 2022 financial years.